Part 1 of Tax Battle Done, Longer War Ahead: There was no grand bargain in Washington over the New Year holiday, and that means more political rumble for weeks to come. Farm programs mostly have a reprieve until 30 September, and cellulosic and biodiesel tax credits (2012 and 2013) were extended, but other novel areas of farm policy (energy, organic assistance, etc.) were made subject to the budget/appropriations process. Indeed, $110 billion in sequestered FY 2013 spending, the debt ceiling expansion and many other funding issues await a showdown two months from now. It is likely to be just as shrill in February 2013 as it was in December 2012 and in July 2011.Brazil has not said whether it will accept a nine-month delay by the U.S. in m...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...